If you've got a pretty good credit score and need up to $100,000 for your auto loan, the LightStream Online Auto Loan can help. There is going to be a hard check if you apply for this loan so a good credit score is key before you think about applying. Additionally, since you have the opportunity of receiving such a high amount on your loan, you also have the opportunity for pretty low interest rates.
There are a variety of reasons why you might want to get an auto loan. And there are many loans out there vying for your business. A great way to figure out what the best loan is for you is to create a list of your must-haves. There are a ton of factors to evaluate like the interest rate, payback terms as well as flexibility on the type of vehicles you can get using the loan.
If you've got a decent credit score, you've got a lot more options which is why it is doubly important that you take time to evaluate. Having a good score means you are in charge of which loan you choose instead of the lender choosing you. Our editors have dived into the LightStream Auto Loan. You can read about all of the essential details below and make a much more informed decision on whether it is for your lifestyle.
What are the Benefits of the LightStream Online Auto Loan?
LightStream is devoted to providing exceptional customer service through the refreshingly simple loan process. In this article, we’re going to dive into the features of the LightStream Online Auto Loan and the perks that come with it.
Tired of having a commute on public transport? No need to wait until you can afford a brand new car. Get your very first car with an auto loan. It’s a smooth and easy process, especially if you’ve got a good credit score. You have the freedom to choose the vehicle you want, regardless of its price. LightStream will help you with the financing, given that you can pay back the amount in the agreed time.
The best thing about a LightStream Online Auto Loan is the straightforward process. There are no hidden fees that will be charged on your account. Even the calculation of interest rates is easy and accessible on their website. You can even get a discount for using the AutoPay option. So, this is a solid loan option for those looking to buy a new car.
For those with an excellent credit score, you can enjoy same-day funding with LightStream. No need to wait for weeks or even months to get approved. If you meet the requirements and you’re in good financial standing, then you can get your hands on the borrowed money quickly.
What are the Fees Associated with the Loan?
Interest rates vary depending on the amount that you’re borrowing from LightStream. However, you will receive an APR of 3.34% up to a maximum of 17.49%. Take note that the interest rate is fixed, so the amount you need to pay monthly will not change. Aside from this, you will not be charged with anything else like a down payment.
How to Apply for the LighStream Loan
If you would like to, applying for this loan is easy with the online application. All you need to do is visit the LightStream website and fill out the application form with your personal information. In order for your application to be approved, you need to be at least 18 years old, employed, and have a good credit score. Then, LightStream will assess and verify all the information provided to determine if the amount you would like to borrow is feasible.
Note that the minimum amount you can loan is $10,000 and the maximum is $100,000. You have a choice to pay back the borrowed amount in a maximum of 7 years or 84 months.
How to Contact LightStream
If you think that LightSteam may be a good option for you, but you still have more questions, you can contact LightStream with your inquires. You can do this by dialing (866) 635-1330. Though LightSteam is an online lending program, they are a subsidiary of SunTrust. Their main office is located at 303 Peachtree Street, Northeast Atlanta, Georgia.
Applying for a loan is simplified with the LightStream Online Auto Loan. Get your dream car today with a hassle-free process and low interest rate. However, if you are not sure that this is the right car loan for you, continue to explore other options! There are many good auto loans out there.
Note: There are risks involved when applying for a loan. Consult the lender’s terms and conditions page for more information.
